[ANN] Genesis Vision - Decentralized platform for the trust management

[Andre#]

Very promising project and the list of advisors as well. But I wonder, seems like 90% of team consist of russian speaking people. Why on earth you have only Chinese and English version of site? I don't have problems with this fact, but this still makes me smile 

We initially did not target our marketing to the Russian segment because the marketing, which we do all over the world is not suitable for Russia.

Russia is such a different culture it needs a different marketing campaign. I was reading a study that people from Mainland Denmark and the people from the island of Copenhagen have completely different
risk money management and need different marketings. This is 2 spots in a small country, imagine the difference that cultures can have all over the world

It's good to see that the Genesis team are savvy enough to know that there are different marketing strategies required for different cultures/countries. It still is a shame that Russia was left out of the initial marketing; I'm guessing it was due to a lack of resources, but it will definitely be important to attract investors from this and other countries.

It's somehow ironic that the Genesis Vision team is mainly from Russia, but Russia was left out of the initial marketing   But I wouldn't put Russia in the focus of such a cryptocurrency platform either. It will catch up later, no doubt.

Hmm... why do many people have prejudice with developer from Russia?
As far as I know, Russia is one of countries has a lot of good programmers, but behind that, this country also has a lot of hackers .
Maybe, those people just care Russian hackers and forget others.

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[haxllega]

Yes it Is a pretty good start for the ico, more than 800k is a very nice start. And remember that the market is a bit hard these days and it will go better in few days. I think genesis vision will continue to raise money and even a lot of money.

Nothing can stop a very good project and these days, investors are already smart enough to figure out a good project and this one is an example of that good project nowadays.

They also get a lot of media coverage which will help to push the ICO to hard cap.

[magisterr]

ICO is running real good! Never thought it would do so well because of all the FUD about upcoming forks...
But I'm sure without the forks it would be much higher!!

People are waiting until the forks happend to get the free money (they think they will have free money).
After the forks more money will be flowing towards this ICO

How much has been raised for the moment ?

You can see progress on their site. They have counter
Total raised $788,006

I was looking for it and did not find it. Thank you for the information. I hope they will raise more 

Their counter on their main page of site. They raised 861k $ already, and 1.5 days left for 20% bonus.

[ParRus]

Yes it Is a pretty good start for the ico, more than 800k is a very nice start. And remember that the market is a bit hard these days and it will go better in few days. I think genesis vision will continue to raise money and even a lot of money.

Nothing can stop a very good project and these days, investors are already smart enough to figure out a good project and this one is an example of that good project nowadays.

They also get a lot of media coverage which will help to push the ICO to hard cap.

I think it makes sense to invest in this project now,
because there are less than 40 hours left to get a bonus of 20% - for large investors this is a significant increase

[kraterion]

This is an ICO for traders, isn't it? You know what I think? This ICO gives you token based on $ price (1 gvt = $1), if I invest 10 eth right now I get 3300 (3960 with bonus) tokens, when ETH will touch a new ATH (and I'm very positive on this) maybe we will see more investements. My 2 cents.

[magisterr]

Investing in fixed price in usd, more profitable for investors, when ETH price is too high...

[yeswepump]

Already collected $ 854741, this is still a good start to the ICO. I believe that by the end of the ICO the necessary amount will be collected. By the way, the fact that team tokens will be frozen for a year, this will positively affect the market price after the ICO.

well i bought some tokens at the ico and i will hodl them now >< thank me later if they hit 1$ and more

Good for you. It will surely hit at that rate sooner because this is a high quality project with talented people behind it.

this way of locking dev coins for a certain time is a good practice and tells about a good long term strategy

[tiger5056]

it is time to invest. 20% discount. nice project and solid team

[Heimer]

Already collected $ 854741, this is still a good start to the ICO. I believe that by the end of the ICO the necessary amount will be collected. By the way, the fact that team tokens will be frozen for a year, this will positively affect the market price after the ICO.

well i bought some tokens at the ico and i will hodl them now >< thank me later if they hit 1$ and more

Good for you. It will surely hit at that rate sooner because this is a high quality project with talented people behind it.

this way of locking dev coins for a certain time is a good practice and tells about a good long term strategy

Vesting is always good strategy. This will prevent dumps and any irrational drops of price. Genesis Vision is definitely one of the best ICOs out there 

[Jay2408]

Already collected $ 854741, this is still a good start to the ICO. I believe that by the end of the ICO the necessary amount will be collected. By the way, the fact that team tokens will be frozen for a year, this will positively affect the market price after the ICO.

well i bought some tokens at the ico and i will hodl them now >< thank me later if they hit 1$ and more

Good for you. It will surely hit at that rate sooner because this is a high quality project with talented people behind it.

this way of locking dev coins for a certain time is a good practice and tells about a good long term strategy

Vesting is always good strategy. This will prevent dumps and any irrational drops of price. Genesis Vision is definitely one of the best ICOs out there 

Agree, imo Genesis vision is one of the most solid and well thought out project at the moment with an experienced team behind. 

[genesis.vision]

Is it known already, if any excellent name is going to be among the managers of some of the funds that will be available?

at the moment, i dont know if they have announced something in that way regarding a well known manager for the funds. maybe we will hear about it soon?

The funds will be supplied by the algorithm. We will create it on thedevelopment stage.

[belechau]

Investing in fixed price in usd, more profitable for investors, when ETH price is too high...

Really tricky at the moment, I hope better post-fork days, Usd fixed will bring us benefits. Mainly being an interesting project like Genesis Vision, I believe in the potential of the Team, I know they are ahead in many ways, it reassures me in my investment

[haxllega]

Already collected $ 854741, this is still a good start to the ICO. I believe that by the end of the ICO the necessary amount will be collected. By the way, the fact that team tokens will be frozen for a year, this will positively affect the market price after the ICO.

well i bought some tokens at the ico and i will hodl them now >< thank me later if they hit 1$ and more

Good for you. It will surely hit at that rate sooner because this is a high quality project with talented people behind it.

this way of locking dev coins for a certain time is a good practice and tells about a good long term strategy

Vesting is always good strategy. This will prevent dumps and any irrational drops of price. Genesis Vision is definitely one of the best ICOs out there 

Agree, imo Genesis vision is one of the most solid and well thought out project at the moment with an experienced team behind. 

Looking forward to their alpha release in 2018. I think that will be the time whan devs can show us what potential this token has.

[kraterion]

The business model of Genesis Vision is not viable.
Based primarily on trading hype that never work in 99% of actual cases.
Buy the ICO at your own risk.

I have mixed feelings.

On one hand I welcome transparency using blockchain tech in the trading industry. Genesis Vision also adds a ranking mechanism and manager coins to combat risk.

On the other hand, active traders rarely beat the market. Beating the market alone should be enough incentive. Adding additional incentives in the form of management fees, performance fees, and gamification on top of that seems gratuitous.

Glad that you know this.
In fact, this crypto industry is now at a booming stage, and it really doesn't pay to trade the market, because the upside potential far exceed the downside risk.
Even in conventionally mature market, buy-n-hold still beats the index.
I would say it is better to just buy-n-hold your money in one or two viable ICO projects and/or cryptocurrency for better night's sleep.
The investment potential of Genesis Vision based on the performance of "expert traders" is extremely risky and very likely will result in underperformance relative to the overall market.

So you're saying that longing and shorting coins doesn't pay? I'm not so sure man, I don't do it, but some of my friends make a lot of money out of it, one of them, like two months ago, starting with 10 btc, he made like 20 btc of profits trading XEL and he started longing it again now

[Elkmar]

I was looking for it and did not find it. Thank you for the information. I hope they will raise more 

They will raise more as soon the forks happened!
This ICO will not be sold out before the forks so after the forks all the money will flow back to alts and ICO!

I have a high hopes for this project!
Great team and great platform!

I hope you're right, it's true that it's a difficult period for ICOs with the 2 forks of the BTC coming.

[Voltaje]

I was looking for it and did not find it. Thank you for the information. I hope they will raise more 

They will raise more as soon the forks happened!
This ICO will not be sold out before the forks so after the forks all the money will flow back to alts and ICO!

I have a high hopes for this project!
Great team and great platform!

I hope you're right, it's true that it's a difficult period for ICOs with the 2 forks of the BTC coming.

We all know that the fork will slow down the ICO, the project is already popular considering how much they collected when the ICO started, but we need to wait for November, when the ICO is out of the forks, so the money comes in .

[haxllega]

The business model of Genesis Vision is not viable.
Based primarily on trading hype that never work in 99% of actual cases.
Buy the ICO at your own risk.

I have mixed feelings.

On one hand I welcome transparency using blockchain tech in the trading industry. Genesis Vision also adds a ranking mechanism and manager coins to combat risk.

On the other hand, active traders rarely beat the market. Beating the market alone should be enough incentive. Adding additional incentives in the form of management fees, performance fees, and gamification on top of that seems gratuitous.

Glad that you know this.
In fact, this crypto industry is now at a booming stage, and it really doesn't pay to trade the market, because the upside potential far exceed the downside risk.
Even in conventionally mature market, buy-n-hold still beats the index.
I would say it is better to just buy-n-hold your money in one or two viable ICO projects and/or cryptocurrency for better night's sleep.
The investment potential of Genesis Vision based on the performance of "expert traders" is extremely risky and very likely will result in underperformance relative to the overall market.

So you're saying that longing and shorting coins doesn't pay? I'm not so sure man, I don't do it, but some of my friends make a lot of money out of it, one of them, like two months ago, starting with 10 btc, he made like 20 btc of profits trading XEL and he started longing it again now

Have you read this thread? From this guy you can learn how to trade. Would be nice if devs could manage that he will trade for Genesis after their release.
https://bitcointalk.org/index.php?topic=1936239.0

[genesis.vision]

Hello dear members!
Watch this awesome video! Our adviser Yagub Rahimov talks about blockchain perspectives of the financial industry and particularly the trust management market.
https://www.youtube.com/watch?v=EuLX-KLWn9U&feature=youtu.be

[bitcoin-shark]

i just watch the video,is very well done,illustrates all the parts and details of the project,i think it will interest a lot of people and investors...

[Rigorous]

The business model of Genesis Vision is not viable.
Based primarily on trading hype that never work in 99% of actual cases.
Buy the ICO at your own risk.

I have mixed feelings.

On one hand I welcome transparency using blockchain tech in the trading industry. Genesis Vision also adds a ranking mechanism and manager coins to combat risk.

On the other hand, active traders rarely beat the market. Beating the market alone should be enough incentive. Adding additional incentives in the form of management fees, performance fees, and gamification on top of that seems gratuitous.

Glad that you know this.
In fact, this crypto industry is now at a booming stage, and it really doesn't pay to trade the market, because the upside potential far exceed the downside risk.
Even in conventionally mature market, buy-n-hold still beats the index.
I would say it is better to just buy-n-hold your money in one or two viable ICO projects and/or cryptocurrency for better night's sleep.
The investment potential of Genesis Vision based on the performance of "expert traders" is extremely risky and very likely will result in underperformance relative to the overall market.

So you're saying that longing and shorting coins doesn't pay? I'm not so sure man, I don't do it, but some of my friends make a lot of money out of it, one of them, like two months ago, starting with 10 btc, he made like 20 btc of profits trading XEL and he started longing it again now

I am not saying it is impossible for an individual to beat the market. From what I have read, on average active traders are outperformed by passive traders. Active versus passive trading is an ongoing debate. Here are some recent articles.

https://www.economist.com/news/finance-and-economics/21723845-sheer-luck-good-past-returns-predicting-future-performance-fund
http://www.businessinsider.com/active-bond-funds-are-outperforming-their-passive-counterparts-2017-4

Then there is survivorship bias. You always read about the winners, while the losers silently walk away from the markets.

Maybe Survival of the Fittest will work out right for Genesis Vision: the best managers get the highest rank.